CVS Health Earnings Top Forecasts as Health-Care-Benefits Revenue Surges
"Last year was defined by outperformance across our foundational businesses," said CEO Karen Lynch.
"Last year was defined by outperformance across our foundational businesses," said CEO Karen Lynch.
Disney might be the happiest place on earth, but one thing's for sure -- it isn't so happy there today. CEO Bob Iger sent out an email to Disney employees on March 27 informing them that the layoffs previously announced in February have begin.
Harmony Biosciences Holdings Inc (NASDAQ: HRMY) shares are trading lower after Scorpion Capital filed a Citizen's Petition with the FDA requesting the withdrawal of approval of Wakix (pitolisant). The FDA approved Wakix for excessive daytime sleepiness or cataplexy in adult patients with narcolepsy, and it has been commercially available in the U.S. since Q4 2019. The report added that "Harmony's drug Wakix (pitolisant) is a repeat of the Seldane (terfenadine) saga, another histamine antagonist
This futuristic pickup truck developed by Tesla is undoubtedly the most anticipated vehicle of the last decade. No vehicle had generated so much excitement, fueled in part by thundering statements from Elon Musk, CEO of Tesla, and other top executives. Internet searches related to the Cybertruck are considerable.
Short sellers are getting bold again. And they've picked their favorite stock market targets to crash.
(Bloomberg) -- On the surface, Charles Schwab Corp. being swept up in the worst US banking crisis since 2008 makes little sense.Most Read from BloombergFBI Releases Files on Ivana TrumpSchwab’s $7 Trillion Empire Built on Low Rates Is Showing CracksBinance and Its CEO Sued by CFTC Over US Regulatory ViolationsSaudi National Bank Chair Resigns After Credit Suisse RemarkThe firm, a half-century mainstay in the brokerage industry, isn’t overexposed to crypto like Silvergate Capital and Signature Ba
Read this before you trade in your gas guzzler.
Investment is down, labor is scarce, budget is squeezed. Oligarch: ‘There will be no money next year’
Cathie Wood is all about disruption, which is why she laments what is happening to the Nasdaq. The Ark Invest financial guru has repeatedly called out the Nasdaq for no longer being the disruptive force it was envisioned to be, and Wood believes that the reason the major indices have become more risk averse is the tech and telecom bubble from the late 90s.
Aiden Pleterski led a lavish lifestyle and owned McLaren sports cars and a Lamborghini — and even rented a plush waterfront home for $45,000 a month.
This year started with a strong rally in the markets, but the past month has seen the positive sentiments start to sputter. The failure of Silicon Valley Bank started fears of a contagion and consequent bank runs, which were only partially offset by Federal regulatory actions. But there’s a growing consensus that it was the Federal actions that set the conditions for the bank crisis, when the central bank raised interest rates to fight inflation. Now, investors are trying to cope with the fallou
Micron reports Q2 FY 2023 results on March 28. Analysts expect the widest-ever net losses and revenue less than half what it was a year earlier.
Commercial real estate debt and mortgages are a 'serious' threat to the economy, warns the serial entrepreneur and billionaire.
Penny stocks are controversial, to say the least. When it comes to these under $5 per share investment opportunities, Wall Street observers usually either love them or hate them. The penny stock-averse point out that while the bargain price tag is tempting, there could be a reason shares are trading at such low levels like poor fundamentals or insurmountable headwinds. However, the other side of the coin has merit as well. Naturally, with these cheap tickers, you get more bang for your buck in t
Boeing (BA) is going to procure eight P-8A aircraft mechanisms as ancillary equipment to support P-8A aircraft production.
Retirement account withdrawals not only help you cover basic living expenses, but they also can fund the lifestyle you've always envisioned in your golden years. That money, however, can have unintended tax consequences. Required minimum distributions (RMDs) and other withdrawals … Continue reading → The post Social Security Taxes Can Hit You Hard in Retirement. Here's How to Lower Them appeared first on SmartAsset Blog.
The biggest structural overhaul in the Chinese tech company’s history comes days after co-founder Jack Ma returned to mainland China. The stock jumped in U.S. trading.
When Ark Invest CEO Cathie Wood talks about the world of finance, people tend to listen. In a tweet from the evening of March 27, Wood says that the research of Ark Invest's Tasha Keeney, Sam Korus, and Daniel Maguire points at a big future for autonomous taxi platforms, with a possibility of scaling to an $8-$10 trillion revenue opportunity in the next seven to 10 years. While Amazon AMZN's Zoox and Alphabet's Waymo are currently the two biggest names in this space, Wood has previously said that she believes Tesla has the advantage when it comes to autonomous driving.
The warehouse-club retailer appears to be getting rid of -- or at least sharply changing -- one of its most-beloved in-store offerings.
On March 27, 2023, Lumen Technologies, Inc (NYSE: LUMN) reported it faced two cybersecurity incidents. Last week Lumen discovered that a malicious intruder had inserted criminal ransomware into a limited number of its servers that support a segmented hosting service, degrading the operations of a small number of its enterprise customers. Lumen's recent implementation of enhanced security software has led to its discovery that a separate sophisticated intruder accessed a limited number of its int